Question
1. In what way is compensation similar to payment? 2. D borrowed P50,000 as character loan (no security) from a bank. Despite demands for payment
1. In what way is compensation similar to payment?
2. D borrowed P50,000 as character loan (no security) from a bank. Despite demands for payment after the loan fell due, D did not pay the bank . D had a savings deposit of P40,000 with the bank. Has the bank the right to apply the deposit to the payment of D's debt?
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Business Law and the Legal Environment
Authors: Jeffrey F. Beatty, Susan S. Samuelson
5th edition
324663525, 324663528, 1133587496, 978-1133587491
